Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) Short Interest Update

Goldman Sachs Access High Yield Corporate Bond ETF (NYSEARCA:GHYB) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 8,369 shares, an increase of 27.7% from the January 29th total of 6,552 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 52,981 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 52,981 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are sold short.

Goldman Sachs Access High Yield Corporate Bond ETF Price Performance

Shares of GHYB stock opened at $45.11 on Thursday. The firm has a 50 day moving average of $45.45 and a two-hundred day moving average of $45.47. Goldman Sachs Access High Yield Corporate Bond ETF has a 52 week low of $42.16 and a 52 week high of $45.91.

Goldman Sachs Access High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 6th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.2187 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, March 2nd.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GHYB. PNC Financial Services Group Inc. increased its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 400.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $46,000 after acquiring an additional 800 shares during the period. Claris Financial LLC acquired a new position in Goldman Sachs Access High Yield Corporate Bond ETF during the 2nd quarter worth approximately $204,000. Global Assets Advisory LLC purchased a new position in shares of Goldman Sachs Access High Yield Corporate Bond ETF during the 3rd quarter worth approximately $289,000. Osaic Holdings Inc. raised its stake in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 25.8% during the 4th quarter. Osaic Holdings Inc. now owns 7,992 shares of the company’s stock worth $362,000 after buying an additional 1,641 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Goldman Sachs Access High Yield Corporate Bond ETF by 21,221.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,102 shares of the company’s stock valued at $368,000 after buying an additional 8,064 shares during the period.

About Goldman Sachs Access High Yield Corporate Bond ETF

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a broad-maturity, USD-denominated, high-yield corporate bond index selected by debt service and leverage. GHYB was launched on Sep 5, 2017 and is managed by Goldman Sachs.